And what’s going on?
Portfolio pick Air Products & Chemicals, Inc. (NYSE:APD) paid its dividend on Monday of last week, adding $12.07 to the iPIG portfolio’s coffers for the 17 shares it owns. That was Air Products & Chemicals, Inc. (NYSE:APD)’s first dividend at its new, higher rate of $0.71 per share, a welcome increase for investors.
The iPIG portfolio also received $17.20 in dividends for the 43 shares of Hasbro, Inc. (NASDAQ:HAS) stock it owns. That was also Hasbro, Inc. (NASDAQ:HAS)’s first dividend at its new higher rate of $0.40 per share. Hasbro, Inc. (NASDAQ:HAS) “prepaid” its February dividend in December, so this was also the first ever Hasbro, Inc. (NASDAQ:HAS) dividend for the iPIG portfolio.
Speaking of increasing dividends, this week, the iPIG portfolio expects to get $0.28 per share in dividends for the Texas Instruments Incorporated (NASDAQ:TXN) stock it holds. That’s a nice increase from the $0.21 the company paid out in the previous quarter, and it’s especially notable since Texas Instruments increased its dividend after only two quarters at the old level. Most dividend increases happen annually, and to get one after just two quarters is worth highlighting.
And thanks in large part to the market’s rise, both Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) and AFLAC Incorporated (NYSE:AFL) swung from losses to gains for the iPIG portfolio since last week’s update. Those two companies’ swings from red to green mean that every current selection in the portfolio finished last week worth more in the market than it was purchased for. That may or may not last, but it sure feels nice while it’s happening.
All told, it was a very successful week for the iPIG portfolio. Granted, much of that success came from the market’s continued euphoria, but a large part of success in investing comes from having a strategy you’re willing to follow with real money. You have to be in it to win it, after all, and the iPIG portfolio’s focus on the ability of the companies it owns to continue to pay and increase their dividends is what makes it possible to ride the market’s movements up as well as down.
iPIG portfolio tracker as of May 17, 2013
| Company | Purchase Date | No. of Shares | Total Investment (including commissions) | Current Value |
|---|---|---|---|---|
| United Technologies | 12/10/2012 | 18 | $1,464.82 | $1,752.30 |
| Teva Pharmaceutical | 12/12/2012 | 38 | $1,519.40 | $1,528.74 |
| J.M. Smucker | 12/13/2012 | 17 | $1,483.45 | $1,743.86 |
| Genuine Parts | 12/21/2012 | 23 | $1,476.47 | $1,868.75 |
| Mine Safety Appliances | 12/21/2012 | 36 | $1,504.96 | $1,818.00 |
| Microsoft | 12/26/2012 | 55 | $1,499.15 | $1,917.85 |
| Hasbro | 12/28/2012 | 43 | $1,520.60 | $2,060.13 |
| NV Energy | 12/31/2012 | 84 | $1,504.72 | $1,757.28 |
| United Parcel Service | 1/2/2013 | 20 | $1,524.00 | $1,774.00 |
| Walgreen | 1/4/2013 | 40 | $1,501.80 | $1,984.40 |
| Texas Instruments | 1/7/2013 | 47 | $1,515.70 | $1,728.19 |
| Union Pacific | 1/22/2013 | 6 | $805.42 | $959.46 |
| CSX | 1/22/2013 | 34 | $712.50 | $881.28 |
| McDonald’s | 1/24/2013 | 16 | $1,499.64 | $1,624.64 |
| Becton, Dickinson | 1/31/2013 | 18 | $1,518.64 | $1,832.04 |
| AFLAC | 2/5/2013 | 27 | $1,466.35 | $1,491.48 |
| Air Products & Chemicals | 2/11/2013 | 17 | $1,510.99 | $1,603.61 |
| Raytheon | 2/22/2013 | 27 | $1,473.91 | $1,806.03 |
| Emerson Electric | 4/3/2013 | 28 | $1,548.12 | $1,662.08 |
| Cash | $3,146.43 | |||
Data from the iPIG portfolio brokerage account, as of May 17, 2013.
The article Is There a Bubble Brewing? originally appeared on Fool.com.
Fool contributor Chuck Saletta owns shares of Aflac, Texas Instruments, Microsoft, McDonald’s, Genuine Parts, United Technologies, Teva Pharmaceutical Industries, Becton Dickinson, Walgreen, Union Pacific, Hasbro, United Parcel Service, CSX, J.M. Smucker, Air Products & Chemicals, Mine Safety Appliances, NV Energy, Emerson Electric, and Raytheon. The Motley Fool recommends Aflac, Becton Dickinson, Emerson Electric, Hasbro, McDonald’s, Mine Safety Appliances, and United Parcel Service. The Motley Fool owns shares of Hasbro, McDonald’s, Microsoft, and Raytheon.
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